Guardian Capital Group Limited (Guardian) (TSX:GCG)(TSX:GCG.A) announces with
great sadness the passing of John Christodoulou, peacefully and with his family
present, on the morning of Thursday, July 14th, 2011.


"As long time Chairman and Chief Executive Officer of Guardian Capital Group
Limited, John was the leader, the inspiration and the soul of integrity for the
Guardian team", said Guardian President George Mavroudis. "He successfully
ingrained into the organization a culture of ethics, integrity and excellence
from which we and our clients will continue to benefit. He will be missed by
all."


About Guardian Capital Group Limited

Guardian is a diversified financial services company founded in 1962. Guardian
provides institutional and private wealth investment management services;
provides financial services to international investors; and provides services to
financial advisors in its national mutual fund dealer, securities dealer, and
insurance distribution network. Its Common and Class A shares are listed on The
Toronto Stock Exchange.
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